AFIRCArab Forum of Insurance Regulatory Commissions (Dubai, United Arab Emirates)
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The Economy Ministry is keen on giving this sector a big importance by regulating it and improving its performance," he said during a press conference held at the ministry for announcing the launching of AFIRC 2011 on Oct.
For his part, Walid Janadri, head of the Insurance Control Commission at the Economy Ministry, said that AFIRC 2011 intends to discuss various issues in the insurance sector, including the importance of transparency in this field and ways of enhancing the performance of Arab insurance companies to enable them to compete globally.
Bassel Hindawi,Director General of the Insurance Commission of Jordan and Chairman of AFIRC said, "Corporate Governance has become one of the most vital economic issues worldwide.